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Newer products, including Otezla, Repatha, MVASI, KANJINTI and Evenity, partially offset declines due to biosimilar competition
May 1, 2020
By: Contract Pharma
Contract Pharma Staff
Amgen 1Q Revenues: $6.2 billion (+11%) 1Q Earnings: $1.8 billion (-8%) Comments: Growth across newer products, including Otezla, Repatha, MVASI, KANJINTI and Evenity, partially offset declines in several products from the impact of biosimilar and generic competition. Enbrel sales were $1.2 billion. Prolia sales were $654 million in the quarter, up 10%. Aranesp sales were $422 million, up 2%. Repatha sales were $229 million, up 62%. Evenity sales reached $100 million in the quarter. Otezla sal...
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